<PAGE> PAGE 1
000 B000000 01/31/2000
000 C000000 0000902748
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 MINNESOTA MUNICIPAL INCOME PORTFOLIO
001 B000000 811-07680
001 C000000 6129731127
002 A000000 601 SECOND AVENUE SOUTH
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 US BANK NATIONAL ASSOCIATION
008 B000001 A
008 C000001 801-00000
008 D010001 MINNEAPOLIS
008 D020001 MN
008 D030001 55402
010 A000001 US BANK NATIONAL ASSOCIATION
010 B000001 811-0000
010 C010001 MINNEAPOLIS
010 C020001 MN
010 C030001 55402
011 A000001 US BANCORP PIPER JAFFRAY INC.
011 B000001 8-15204
011 C010001 MINNEAPOLIS
011 C020001 MN
011 C030001 55402
012 A000001 EQUISERVE
012 B000001 85-00000
012 C010001 CANTON
<PAGE> PAGE 2
012 C020001 MA
012 C030001 02021
013 A000001 ERNST & YOUNG LLP
013 B010001 MINNEAPOLIS
013 B020001 MN
013 B030001 55402
014 A000001 US BANCORP PIPER JAFFRAY INC.
014 B000001 8-15204
014 A000002 US BANCORP INVESTMENTS
014 B000002 8-00000
015 A000001 US BANK NATIONAL ASSOCIATION
015 B000001 C
015 C010001 ST PAUL
015 C020001 MN
015 C030001 55101
015 E030001 X
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019 A000000 Y
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019 C000000 FIRSTAMERI
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020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
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022 B000001 41-1508325
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022 B000002 13-5108880
022 C000002 10211
022 D000002 0
022 A000003 A G EDWARDS
022 B000003 43-0895447
022 C000003 2285
022 D000003 2268
022 A000004 DAIN BOSWORTH
022 B000004 41-0212020
022 C000004 1665
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022 A000005 DOUGHERTY DAWKINS STRAND & YOST
022 B000005 41-1300840
022 C000005 3126
022 D000005 950
<PAGE> PAGE 3
022 A000006 LEHMAN BROS.
022 B000006 13-2518466
022 C000006 2500
022 D000006 1500
022 A000007 SALOMON SMITH BARNEY
022 B000007 13-1912900
022 C000007 3057
022 D000007 452
022 A000008 SUMITOMO BANK
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022 D000008 2934
022 A000009 MORGAN STANLEY
022 B000009 13-2655998
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022 D000010 0
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027 000000 N
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<PAGE> PAGE 4
028 D020000 0
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<PAGE> PAGE 5
048 F020000 0.000
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<PAGE> PAGE 6
062 J000000 0.0
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<PAGE> PAGE 7
070 Q020000 N
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<PAGE> PAGE 8
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<PAGE> PAGE 9
086 E010000 0
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087 A020000 604062109
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088 D000000 Y
SIGNATURE KATHY HEGNA
TITLE OPERATIONS MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 86418234
<INVESTMENTS-AT-VALUE> 83530411
<RECEIVABLES> 1640690
<ASSETS-OTHER> 336
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 85171437
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73855
<TOTAL-LIABILITIES> 73855
<SENIOR-EQUITY> 31100000
<PAID-IN-CAPITAL-COMMON> 58045629
<SHARES-COMMON-STOCK> 4146743
<SHARES-COMMON-PRIOR> 4146743
<ACCUMULATED-NII-CURRENT> 945412
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2105636)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2887823)
<NET-ASSETS> 85097582
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5002116
<OTHER-INCOME> 0
<EXPENSES-NET> 730513
<NET-INVESTMENT-INCOME> 4271603
<REALIZED-GAINS-CURRENT> (68721)
<APPREC-INCREASE-CURRENT> (9516828)
<NET-CHANGE-FROM-OPS> (5313946)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4269028<F1>
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (9582974)
<ACCUMULATED-NII-PRIOR> 944795
<ACCUMULATED-GAINS-PRIOR> (2039950)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 315208
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 736083
<AVERAGE-NET-ASSETS> 90079169
<PER-SHARE-NAV-BEGIN> 15.33
<PER-SHARE-NII> 1.03
<PER-SHARE-GAIN-APPREC> (2.31)
<PER-SHARE-DIVIDEND> 1.03<F2>
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.02
<EXPENSE-RATIO> 0.82
<FN>
<F1>Income distributions to common shareholders = $3,297,387; income distributions
to preferred shareholders = $971,641
<F2>Income distributions per share to common shareholders = $0.80; income
distributions per share to preferred shareholders = $0.23.
</FN>
</TABLE>
